Multibagger in just 6 months: Investors should keep an eye on these penny stocks!

DSIJ Intelligence-1 / 11 Feb 2023/ Categories: Mindshare, Trending

Multibagger in just 6 months: Investors should keep an eye on these penny stocks!

Despite being a weak market on Friday, there were few penny stocks that touched 5 per upper circuit each and they gave multibagger returns in just 6 months. 

This week, the benchmark indices were trading flat. On Friday, BSE Sensex Index closed on a negative note, down around 124 points or 0.20 per cent at a level of 60,682.70 and NSE Nifty-50 Index was also closed on a negative note, down around 37 points or 0.21 per cent at a level of 17,865.50. 

The indices in the broader markets were trading higher, with the BSE Mid-Cap index up 0.04 per cent and the BSE Small-Cap index up 0.48 per cent, respectively. The top mid-cap gainers were CG Power & Industrial Solutions Ltd and Aurobindo Pharma Ltd, while the top small-cap gainers were BF Investment Ltd and WPIL Ltd

About 1,861 shares had advanced, 1,594 declined and 154 were unchanged on BSE. Despite being a weak market on Friday, there were few Penny Stocks that touched 5 per upper circuit each and they gave multibagger returns in just 6 months. 

 

Following are the penny stocks that gave multi-bagger returns in just 6 months: 

Sr. No 

Company Name 

LTP (Rs) 

6 Months Returns (%)

Jai Mata Glass Ltd

4.22 

696.23 

Vintron Informatics Ltd

6.95 

460.77 

Minolta Finance Ltd

8.75 

144.53 

Brijlaxmi Leasing & Finance Ltd

4.15 

120.51 

Cityman Ltd

9.16 

109.37 

Investors should keep an eye on these stocks in the upcoming trading sessions.